The property is located in a high-traffic commercial and residential area in west Tacoma just off of Route 16. Located on South Vassault Street, the property enjoys immediate access to 6th Avenue (19,476 AADT), 12th Street (15,612 AADT), Pearl Street (23,184 AADT), and Mildred Street (16,797 AADT), as well as Route 16, which experiences a traffic volume of 94,000 vehicles per day near the property. The property is within walking distance of several large shopping centers located along 6th Avenue and Mildred Street, which feature notable tenants like Fred Meyer, Rite Aid, Harbor Freight Tools, Safeway, Petco, Dollar Tree, and many others.
The property is centrally located less than four miles from downtown Tacoma. The property is across from Tacoma Community College, with 6,999 students, and several schools are located in the nearby area, including Wilson High School (1,268 students), the University of Puget Sound (2,826 students), and Foss High School (887 students). Adjacent to the property is Hunt Middle School, which will undergo a $48 million renovation and reconstruction and is expected to reopen in 2021. The property is also near a number of recreation sites, including several golf courses and Point Defiance Park, which is visited by over 3.1 million people each year. Additionally, the property is surrounded by densely populated residential areas and is close to a number of large employment centers; 207,156 residents live and 130,351 daytime employees work within a five-mile radius of the property, providing a strong customer base.
